STAND. COM. REP. NO. 747-04
Honolulu, Hawaii
, 2004
RE: H.B. No. 1710
H.D. 2
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2004
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 1710, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"
begs leave to report as follows:
The purpose of this bill is to enable more University of Hawaii (UH) students to take advantage of the HOPE scholarship tax credit by:
(1) Establishing the Student Scholarship and Assistance Special Fund (Special Fund) to provide scholarship money in lieu of tuition waivers; and
(2) Appropriating $20,000,000 to the Special Fund.
UH testified in support of this bill.
Your Committee has amended this bill by:
(1) Changing the effective date to July 1, 2010, to facilitate further discussion; and
(2) Making technical, nonsubstantive amendments for clarity and style.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1710, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1710, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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